1991 Accord w/H23 - Opinions Please

Ok heres the deal, I am looking to get myself another Honda. Right now I am looking at a 1991 Accord that has a H23 swapped into it, its running on the stock accord ECU and the stcok tranny. Its popping a check engine light because of the lack of an 02 sensor othere than that it seems pretty clean. Its got headers and cat back exhaust all this for $1,500.

Now I completly trust most of everyones opinions on here so I figured I would see what you guys thought of this. My main plan is to boost it so would this be a good project to pick up? Thanks for any help guys.